Trustees’ Annual Report for the period
From 1 January 2024 Period start date To 31 December 2024 Period end date
Charity name: Victor Mann Trust Fund
Charity registration number: 215476
Objectives and Activities
| SORP | |||
|---|---|---|---|
| reference | |||
| Summary of the | Para 1.17 | For the promotion of the welfare and | |
| purposes of the charity | comfort of the aged poor inhabitants | ||
| as set out in its | of the borough of | Wallsend and for the | |
| governing document | provision of housing accommodation | ||
| for the aged and poor inhabitants of | |||
| the said borough. | |||
| Summary of the main | Para 1.17 | The charity gives grants to individuals | |
| activities in relation to | and 1.19 | who are suffering | financial hardship |
| those purposes for the | and to groups who provide activities | ||
| public benefit, in | promoting health | and wellbeing, | |
| particular, the activities, | reducing social isolation. | ||
| projects or services | For those over 60 | years of age. | |
| identified in the | |||
| accounts. | |||
| Statement confirming | Para 1.18 | The Trustees have had regard to the | |
| whether the trustees | Charity Commission guidance on | ||
| have had regard to the | public benefit | ||
| guidance issued by the | |||
| Charity Commission on | |||
| public benefit |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference
To be eligible for grants applicants must be age 60 and over.
Policy on grant making Para 1.38
| Policy on social | Para 1.38 |
|---|---|
| investment including | |
| program related | |
| investment | |
| Contribution made by | Para 1.38 |
| volunteers | |
| Other |
Achievements and Performance
| SORP | ||
|---|---|---|
| reference | ||
| The grants given by the charity to | ||
| individuals have funded essential | ||
| housing repairs, equipment to assist | ||
| Summary of the main | people living with a disability, | |
| achievements of the | electrical equipment. | |
| charity, identifying the | Para 1.20 | |
| difference the charity’s | This support improves beneficiaries | |
| work has made to the | living environment, supporting | |
| circumstances of its | independent living and keeping | |
| beneficiaries and any | active. | |
| wider benefits to society | ||
| as a whole. | Grants to groups enable participation | |
| in various social activities increasing | ||
| health, wellbeing and connection. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set
Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Para 1.41
Other
Financial Review
Review of the charity’s Para 1.21 The charity continues to be in a good financial position at the financial position maintaining a end of the period balanced investment portfolio, providing grants from income and maintaining cash deposits. Statement explaining the Para 1.22 The charity has very little expenditure policy for holding so no need to hold reserves. Grants reserves stating why they are given from the income from the are held investment portfolio. Amount of reserves held Para 1.22 N/A Reasons for holding zero Para 1.22 The charity has no employees or reserves overheads other than bank/investment or accounting charges. Details of fund materially Para 1.24 in deficit Explanation of any Para 1.23 uncertainties about the
charity continuing as a going concern
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any Para 1.47 fundraising) Investment policy and objectives including any social investment policy Para 1.46 adopted A description of the principal risks facing the Para 1.46 charity
Other
Structure, Governance and Management
Description of charity’s trusts: Type of governing Para 1.25 Trust deed document (trust deed, royal charter) How is the charity Para 1.25 Unincorporated charitable trust constituted? (e.g unincorporated association, CIO) Trustee selection Para 1.25 Trustees are appointed by the Elected methods including Mayor of North Tyneside Council to
include elected members (councillors).
details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network Para 1.51 with which the charity works Relationship with any related parties Para 1.51
Other
Reference and Administrative details
Charity name Victor Mann Trust Fund Other name the charity uses Registered charity 215476 number Charity’s principal North Tyneside Council address 16 The Silverlink North Newcastle Upon Tyne NE27 0BY
Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint
whole year
trustee (if any)
Carl Johnson Appointed 11/07/2024 The Elected Mayor of
1
to date North Tyneside Council
Ian Grayson Vice Chair Appointed 11/07/2024 The Elected Mayor of
2
to date North Tyneside Council
James Barry Honorary Appointed 21/06/2022 The Elected Mayor of
3
Montague Secretary to date North Tyneside Council
Julie Elizabeth Appointed 21/06/2022 The Elected Mayor of
5
Cruddas to date North Tyneside Council
Wendy Lott Chair Appointed 21/06/2022 The Elected Mayor of
6
to date North Tyneside Council
Nigel Huscroft Appointed 21/06/2022 The Elected Mayor of
7
to date North Tyneside Council
John Harrison Appointed 11/07/2024 The Elected Mayor of
8
to date North Tyneside Council
Louise Marshall Treasurer Appointed 11/07/2024 The Elected Mayor of
9
to date North Tyneside Council
Matthew B. Vice Treasurer Appointed 11/07/2024 The Elected Mayor of
10
Thirlaway to date North Tyneside Council
Tracia Neira Appointed 11/07/2024 The Elected Mayor of
11
to date North Tyneside Council
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name Peter Mennell
Director of Housing and Property Services
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
N/A
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) L D Marshall Full name(s) Louise Dolores Marshall Position (eg Secretary, Honorary Treasurer Chair, etc)
Date 30 October 2025
WALLSEND CHARITABLE TRUST
BALANCE SHEET AS AT 31/12/24
| Liabilities Capital Account Sundry Creditors Revenue Account Balance at Beginning of Year Add: Surplus for Year |
£ £ 155,481 1,033,748 37,294 1,071,042 1,226,523 |
Assets Investments Share Portfolio Sundry Debtors Bank Balances Current Account Deposit Account |
£ £ 1,081,669 1,081,669 5,899 138,956 144,855 1,226,523 |
|---|---|---|---|
WALLSEND CHARITABLE TRUST
INCOME & EXPENDITURE ACCOUNT AS AT 31/12/24
| Expenditure Organisations Anchor Housing Care for a Cuppa Carville Grange Church of the Good Shepherd Elmfield over 60 Eothen Homes High View Iona Court John Kerrison (Eldon Court) Look after Yourself Mainstream OAP Mayfield Park NTC Osbourne House Our Lady of Lourde Our Lady of Lourdes Reed Milburn Shirley Carling Spring View St Lukes Church St Pauls Community St Peters Court Susan Lillie (Spring View) The Holiday Club Thursday Afternoon Thursday Afternoon Club Wallsend Choir Wallsend Memorial Wallsend Park Westholme Farm Windsor Grange Major Efforts Miscellaneous Grants (to individuals) Other Bank Charges Income over Expenditure Total |
2024 £ 300.00 300.00 300.00 200.00 200.00 500.00 200.00 300.00 459.00 800.00 200.00 1,000.00 299.48 500.00 1,700.00 1,750.00 342.00 2,000.00 300.00 300.00 500.00 300.00 390.00 661.89 300.00 300.00 500.00 1,050.00 300.00 300.00 500.00 |
Income £ Dividends/Inv Int Bank Interest Share Income 17,052.37 469.00 127.00 37,293.51 54,941.88 |
2024 £ 27,859.27 8,390.90 18,691.71 |
£ 54,941.88 54,941.88 |
|---|---|---|---|---|
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WALLSEND CHARITABLE TRUST
INCOME 2024
Date Type Ref £ Bank Acc
05/01/2024 Bank Interest Bank Interest 5,831.53 Current Account
09/01/2024 Brewin Dolpin Div/Int 2,846.91 Deposit Account
07/02/2024 Brewin Dolpin Div/Int 1,727.95 Deposit Account
03/03/2024 Bank Interest Bank Interest 586.12 Deposit Account
07/03/2024 Brewin Dolpin Div/Int 1,901.75 Deposit Account
09/04/2024 Brewin Dolpin Div/Int 2,249.47 Deposit Account
17/04/2024 Diageo PLC Div/Int 2.57 Current Account
09/05/2024 Brewin Dolpin Div/Int 1,609.10 Deposit Account
03/06/2024 Bank Interest Bank Interest 628.93 Deposit Account
07/06/2024 Brewin Dolpin Div/Int 1,848.60 Deposit Account
09/07/2024 Brewin Dolpin Div/Int 4,195.61 Deposit Account
07/08/2024 Brewin Dolpin Div/Int 2,988.18 Deposit Account
03/09/2024 Bank Interest Bank Interest 668.38 Deposit Account
09/09/2024 Brewin Dolpin Div/Int 1,406.78 Deposit Account
09/10/2024 Brewin Dolpin Div/Int 2,809.40 Deposit Account
17/10/2024 Diageo PLC Div/Int 3.78 Current Account
07/11/2024 Brewin Dolpin Div/Int 1,948.00 Deposit Account
03/12/2024 Bank Interest Bank Interest 675.94 Deposit Account
09/12/2024 Brewin Dolpin Div/Int 2,321.17 Deposit Account
36,250.17
Dividend/Inv Int 27,859.27
Bank Interest 8,390.90
TOTAL 36,250.17
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WALLSEND CHARITABLE TRUST EXPENDITURE 2024
| Date Ref 02/01/2024 BC Bank Charge 11/01/2024 BP Thursday Afternoon Club 02/02/2024 BC Bank Charge 16/02/2024 BP Our Lady of Lourde 16/02/2024 BP NTC 04/03/2024 BC Bank Charges 21/03/2024 BP The Holiday Club 02/04/2024 BC Bank Charges 04/04/2024 BP Wallsend Choir 22/04/2024 BP Susan Lillie (Spring View) 03/05/2024 BC Bank Charge 02/06/2024 BC Bank Charge 03/07/2024 BC Bank Charges 18/07/2024 BP Wallsend Memorial 18/07/2024 BP Shirley Carling 18/07/2024 BP Mayfield Park 18/07/2024 BP Our Lady of Lourdes 18/07/2024 BP The Holiday Club 02/08/2024 BC Bank Charges 28/08/2025 BP Look after Yourself 28/08/2025 BP NTC 02/09/2024 BC Bank Charges 01/10/2024 BP NTC 03/10/2024 BC Bank Charges 16/10/2024 BP High View 16/10/2024 BP Wallsend Park 16/10/2024 BP Care for a Cuppa 16/10/2024 BP St Pauls Community 16/10/2024 BP Carville Grange 16/10/2024 BP The Holiday Club 17/10/2024 BP Windsor Grange 17/10/2024 BP Iona Court 17/10/2024 BP Mainstream OAP 17/10/2024 BP Anchor Housing 17/10/2024 BP Look after Yourself 17/10/2024 BP Eothen Homes 17/10/2024 BP Reed Milburn 17/10/2024 BP Wallsend Memorial 17/10/2024 BP Mayfield Park 21/10/2024 BP Osbourne House 21/10/2024 BP St Peters Court 21/10/2024 BP Thursday Afternoon 21/10/2024 BP Westholme Farm 22/10/2024 BP St Lukes Church 24/10/2024 BP Tynecastle Carpets (Sharon Ann Lesley) 31/10/2024 CH 101612 02/11/2024 BC Bank Charges 19/11/2024 BP Our Lady of Lourdes 19/11/2024 BP Spring View 19/11/2024 BP Elmfield over 60 03/12/2024 BC Bank Charges 05/12/2024 BP John Kerrison (Eldon Court) 17/12/2024 BP Wallsend Memorial Bank Charges (BC) Cheques (CH) Direct Bank Payments (BP) |
Amount Organisation (O)/ Individual (I)/ Bank (B) Ref I/E 14.00 B Bank Charges 300.00 O 1 Thursday Afternoon Club 12.00 B Bank Charges 1,700.00 O 2 Our Lady of Lourde 26.50 O 3 NTC 10.00 B Bank Charges 111.89 O 4 The Holiday Club 10.00 B Bank Charges 500.00 O 5 Wallsend Choir 390.00 O 6 Susan Lillie (Spring View) 10.00 B Bank Charges 10.00 B Bank Charges 10.00 B Bank Charges 350.00 O 7 Wallsend Memorial 2,000.00 O 8 Shirley Carling 500.00 O 9 Mayfield Park 1,250.00 O 10 Our Lady of Lourdes 350.00 O 11 The Holiday Club 10.00 B Bank Charges 500.00 O 12 Look after Yourself 237.00 O 13 NTC 10.00 B Bank Charges 35.98 O 14 NTC 10.00 B Bank Charges 200.00 O 15 High View 300.00 O 16 Wallsend Park 300.00 O 17 Care for a Cuppa 500.00 O 18 St Pauls Community 300.00 O 19 Carville Grange 200.00 O 20 The Holiday Club 500.00 O 21 Windsor Grange 300.00 O 22 Iona Court 200.00 O 23 Mainstream OAP 300.00 O 24 Anchor House 300.00 O 25 Look after Yourself 500.00 O 26 Eothen Homes 342.00 O 27 Reed Milburn 500.00 O 28 Wallsend Memorial 500.00 O 29 Mayfield Park 500.00 O 30 Osbourne House 300.00 O 31 St Peters Court 300.00 O 32 Thursday Afternoon 300.00 O 33 Westholme Farm 300.00 O 34 St Lukes Church 469.00 O 35 Tynecastle Carpets (Sharon Ann Lesley) 200.00 41 Church of the Good Sheperd 10.00 B Bank Charges 500.00 O 36 Our Lady of Lourdes 300.00 O 37 Spring View 200.00 O 38 Elmfield over 60 11.00 B Bank Charges 459.00 O 39 John Kerrison (Eldon Court) 200.00 O 40 Wallsend Memorial 17,648.37 127.00 200.00 17,321.37 17,648.37 |
|---|---|
WALLSEND CHARITABLE TRUST
CHEQUES 2024
| Date Cheque No Date Cashed Payee 16/11/2023 101607 Elmfield Over 60's Club 22/10/2024 101612 31/10/2024 Church of the Good Shepherd Total Cheques written in 2024 |
Amount 200.00 200.00 200.00 |
|---|---|
Wallsend Charitable Trust Investments as at 31/12/2024
| Company Aberdeen STD FD MG Alcon AG CHF Alphabet Inc Capital Stock USD Amphenol Corp USD Artemis US Ashtead Group Ord ASML Holding NV Euro ASSA ASLOY SER'BNPV Baillie Giffard Oseas Japanese Fund Blackrock FM Ltd Contl Blackrock (LUK) SA UK Ballie Gillford American B Nav Inc Berkshire Hathaway BNY Mellon Fd Mngr Newton Booking Holdings Inc Com Brown & Brown USD Copart Inc Com Croda INTL ord Dodge & Cox US Stock Diageo Ord Experian Ord Fastenal Com Fidelity ucits ICA US Qual INC Ucits ETF Fidelity inv Asia Fidelity Investment Funds Emerging Markets First Sentier Investors First State Inv Asia Pacific Fil Inv SVCS UK Fundsmith Equity GAM Star Fund Credit GBP Capital Ledger GBP Income Lledger GBP Dividends Pending USD Dividend Pending Gsk Plc Ord Haleon Plc HICL infrastructure Institutional PLC Intercontinental Exchange USD Invesco Far Eastern Investments= Ishares Physical Ishares II GBP Ishares V PLC Energy Sector Janus HEND FXD INT JH FXD INT MTHLY INC GQ Janus Hend INV FDS srs JP Morgan LTD US JP Morgan GL EM Inc JP Morgan ICVC JPM US equity JP Morgan LTD Emerging Markets Kone OYJ Legal & General Group Ord Link Fund Solutions UK Man FD MGMT UK Ltd M&G Investements Microsoft Corp Com US Muzinich Funds GBL National Grid Nestle SA CHF Novartis AG CHF Prudential Ord Pimco GBL RELX PLC |
No of Units 2024 | Book Value 2024 0 9,170 12,180 8,791 4,075 6,835 9,178 17,405 9,722 9,924 7,511 9,282 19,385 28,300 3,629 10,840 64,797 26,310 4,428 27,647 5,974 3,001 2,464 66 14,681 23,398 19,414 12,217 22,939 34,253 35,130 17,116 13,213 29,512 10,918 11,797 15,840 40,908 8,768 20,042 9,761 8,983 9,203 32,024 15,667 |
No of Units 2023 138 111 172 6,942 221 13 2,550 13,625 42 4 153 173 248 385 242 9,220 1,710 9,153 1,170 5,481 5,051 13,200 28,615 132 9,281 1,176 7,248 3,135 22,000 27,332 26,297 280 5,305 12,687 60 187 1,833 116 3,680 790 |
Book Value 2023 9,170 12,180 11,906 17,571 2,139 6,835 39,142 17,405 9,722 9,924 7,511 6,208 16,074 183 10,840 64,797 26,055 9,741 4,300 27,647 14,681 23,398 28,632 12,217 23,236 34,253 35,130 17,116 13,213 28,434 26,999 11,435 11,797 15,840 8,768 19,959 9,761 9,203 32,024 15,667 |
Profit/Loss 0 0 0 -3,115 -17,571 1,936 0 9,178 -39,142 0 0 0 0 0 0 0 3,074 3,312 28,300 3,446 0 0 0 255 -9,741 128 0 0 0 0 5,974 3,001 2,464 66 0 0 0 -9,217 0 -298 0 0 0 0 1,078 0 0 -26,999 10,918 -11,435 0 0 0 40,908 0 83 0 8,983 0 0 0 0 |
|---|---|---|---|---|---|
| 138 111 254 259 13 406 13625 42 4 153 238 328 833 520 242 9220 1710 1170 5481 5974 3001 2464 83 5051 13200 19403 132 9281 1176 7248 3135 20305 27332 10737 5305 12687 28126 60 187 1833 112 116 3680 790 |
| Rio Tinto Ord Robeco Lux SA Global Royal Dutch Shell Schroder Unit TST GBL Scottish Mortgage Inv Trust Stryker Corp Schwab (Charles) Corp USD Texas Instruments USD Thermo Fisher Scientific USD TM Redwheel Funds UK TwentyFour Investment Funds Corporate Bonds UBS Fund Mgmt Lux UK Govt 5% SNR Unilever PLC Ord Vanguard Inv UK Vanguard Inv US Vanguard Inv Ser Uk Gov Bd Vanguard Funds Plc Visa Inc Com USD Cash |
0 220 21,914 220 21,914 0 0 36166 25,334 36,166 25,334 0 3433 23,466 3,433 23,466 0 53 8,939 53 8,939 0 252 11,616 252 11,616 0 89 11,812 89 11,812 0 32 13,801 28 12,128 1,673 17155 20,075 20,075 293 23,467 293 23,467 0 0 13527 14,009 13,527 14,009 0 0 264 27,753 264 27,753 0 531 48,922 531 48,909 13 349 38,808 349 38,806 2 2253 72,922 2,253 72,889 33 61 12,134 61 12,134 0 8,689 -8,689 290,843 1,081,669 277,678 1,062,977 18,692 290,843 1,081,669 277,678 1,062,977 18,692 |
|---|---|
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name VICTOR MANN TRUST FUND members of On accounts for the year Charity no ended 31 DECEMBER 2024 (if any) 215476 Set out on pages 3 - 4
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Date: Signed: 17/10/2025 Name: N J LILEY Relevant professional FCA qualification(s) or body (if any):
Oct 2018
1
IER
Address:
71 HOWARD STREET NORTH SHIELDS TYNE AND WEAR, NE30 1AF
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
N/A
Oct 2018
2
IER
WALLSEND CHARITABLE TRUST
INCOME & EXPENDITURE ACCOUNT AS AT 31/12/24
| Expenditure Organisations Anchor Housing Care for a Cuppa Carville Grange Church of the Good Shepherd Elmfield over 60 Eothen Homes High View Iona Court John Kerrison (Eldon Court) Look after Yourself Mainstream OAP Mayfield Park NTC Osbourne House Our Lady of Lourde Our Lady of Lourdes Reed Milburn Shirley Carling Spring View St Lukes Church St Pauls Community St Peters Court Susan Lillie (Spring View) The Holiday Club Thursday Afternoon Thursday Afternoon Club Wallsend Choir Wallsend Memorial Wallsend Park Westholme Farm Windsor Grange Major Efforts Miscellaneous Grants (to individuals) Other Bank Charges Income over Expenditure Total |
2024 £ 300.00 300.00 300.00 200.00 200.00 500.00 200.00 300.00 459.00 800.00 200.00 1,000.00 299.48 500.00 1,700.00 1,750.00 342.00 2,000.00 300.00 300.00 500.00 300.00 390.00 661.89 300.00 300.00 500.00 1,050.00 300.00 300.00 500.00 |
Income 2024 £ £ £ Dividends/Inv Int 27,859.27 Bank Interest 8,390.90 Share Income 18,691.71 54,941.88 17,052.37 469.00 127.00 37,293.51 54,941.88 54,941.88 -3- |
|---|---|---|
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WALLSEND CHARITABLE TRUST
BALANCE SHEET AS AT 31/12/24
Liabilities £ £ Assets £ £
Capital Account 155,481 Investments
Sundry Creditors - Share Portfolio 1,081,669
Revenue Account 1,081,669
Balance b/fwd 1,033,748
Add: Surplus for Year 37,294 1,071,042
Sundry Debtors -
Bank Balances
Current Account 5,898
Deposit Account 138,956 144,854
1,226,523 1,226,523
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